First Planned Small Nuclear Reactor Plant In the US Has Been Cancelled

Long-time Slashdot reader AmiMoJo writes: [O]n Wednesday, the company and utility planning to build the first small, modular nuclear plant in the U.S. announced it was cancelling the project. The U.S. has approved a single design for a small, modular nuclear reactor developed by the company NuScale Power. The government's Idaho National Lab was working to help construct the first NuScale installation, the Carbon Free Power Project. Under the plan, the national lab would maintain a few of the first reactors at the site, and a number of nearby utilities would purchase power from the remaining ones.

With the price of renewables dropping precipitously, however, the project's economics have worsened, and backers started pulling out of the project. The final straw came on Wednesday, when NuScale and the primary utility partner, Utah Associated Municipal Power Systems, announced that the Carbon Free Power Project no longer had enough additional utility partners, so it was being cancelled. In a statement, the pair accepted that 'it appears unlikely that the project will have enough subscription to continue toward deployment.'

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